The Russian authorities introduced that Russian Deputy Prime Minister Alexander Novak and Vitality Minister Prince Abdulaziz bin Salman mentioned potential joint initiatives within the fields of liquefied pure fuel, hydroelectric and nuclear power, based on Reuters.
Novak assured the Minister of Vitality that collective motion throughout the OPEC+ alliance is within the long-term nationwide curiosity of the 2 international locations and contributes to strengthening their economies.
This got here throughout a gathering between the Minister of Vitality, Prince Abdulaziz bin Salman, and the Russian Deputy Prime Minister at present in Moscow.
In accordance with knowledge numbers8 OPEC+ international locations, together with Saudi Arabia and Russia, agreed of their final assembly this month to implement a manufacturing adjustment of 137 thousand barrels per day from further voluntary changes amounting to 1.65 million barrels per day, and this adjustment can be carried out in November 2025.
